Advice from the Best

Whether you’re already a CEO or you’re trying to get into an executive position, it’s always helpful to look at others who have succeeded. Here, we share quotes from highly successful executives and the best piece of advice they have learned.

Terry J. Lundgren, the CEO of Macy’s explained during an interview with The New York Times that Gene Ross at Bullocks gave him the best advice. Ross said to Lundgren, “You’re not going to do this forever. There’s a finite amount of time you’re going to be doing this. Do this really, really well. And if you do this really, really well, everybody will see that, and they’ll move you onto the next thing. And you do that well, and then you’ll move.”

Richard Branson, the founder and chairman of Virgin Group said, “My mother always taught me never to look back in regret but to move on to the next thing. The amount of time people waste dwelling on failures rather than putting that energy into another project, always amazes me. I have fun running ALL the Virgin businesses — so a setback is never a bad experience, just a learning curve.”